The World’s Fifth Largest, and the Third Largest U.S. Domicile, Continues its Leadership Role DOVER, DE – Insurance Commissioner Trinidad Navarro announced today that the International Center for Captive Insurance Education (ICCIE and pronounced “I See”) has designated the Delaware Insurance Department Bureau of Captive and Financial Insurance Products as an ICCIE Trained Organization. Delaware is […]
The World’s Fifth Largest Captive Insurance Domicile Continues its Leadership Role
Insurance Commissioner Karen Weldin Stewart announced today that her captive insurance director, Steve Kinion, was recently selected as the 2016 Captive Insurance Industry Advocate of the Year. Captive Review magazine recognized Kinion as its inaugural recipient for the award. Over the past two years, Captive Review has also named Kinion as one of the top five influential people in captive insurance in the magazine’s annual Captive Power 50 rankings.
UD Report: Captive Insurance Program Boosts Delaware’s GDP, Jobs, Incomes, Tax Revenue Commissioner Stewart Celebrates Captive Bureau’s Economic Impact DOVER, DE –Insurance Commissioner Karen Weldin Stewart today announced the release of a University of Delaware economic impact study which shows that the Department of Insurance’s captive insurance program contributes nearly $360 million to Delaware’s annual […]
Insurance Commissioner Karen Weldin Stewart today announced another record year of captive insurance formations in Delaware. In 2015, Delaware licensed 74 pure captive insurers, 3 special purpose captive insurers, and 112 series captive insurers, for a total of 189 captive entities.